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Time is of the Essence: Foundations and the Policies of Limited Life and Endowment Spend-Down

Publication Date: 
December, 2009
Aspen Institute

From the Aspen Institute's Program on Philanthropy and Social Innovation, this report provides examples of foundations that decided to spend down their assets within a set period of time instead of existing in perpetuity. The report provides donors and foundations with models for consideration in their own policies and planning.

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